Got $2,000? Then Buy These High-Yield Dividend Stocks Now
The past two months have undoubtedly been challenging for investors. The uncertainties created by the spread of the coronavirus disease 2019 (COVID-19) wound up knocking more than 20% off the benchmark S&P 500 in 17 trading sessions, and led to a greater than 30% loss in a mere 22 sessions (about one month). Both figures represent the fastest 20% and 30% declines from a recent high in history.
However, history has proved kind to long-term investors who purchase stocks during periods of correction. That's because all corrections in the stock market are eventually erased by a bull market rally. In fact, no rolling 20-year period in the S&P 500 has yielded a negative average annual return, inclusive of dividends. Thus, opportunistic investors who choose to buy during periods of fear and weakness tend to come out ahead in the long run.
The question, of course, is what to buy?
Source Fool.com
